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Michael Saylor Just Made An INSANE Bitcoin Price Prediction (2024)



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MICHAEL SAYLOR believes that Bitcoin is going to increase by a factor of 100, then a factor of 1000. In doing so, Saylor believes that over time, 1 Bitcoin is going to be equal to $10 million dollars.

This is why, Saylor believes the biggest mistake someone can make with Bitcoin is trading in and out of it.

He argues there is only one sound strategy, Buy and HODL as much as you can.

Make sure to stick around to the end of the video where Saylor breaks down how hundreds of private companies have reached out to him on how to convert their balance sheet into Bitcoin.

And also why once you understand Bitcoin, you never SELL.

About Michael Saylor:

Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.

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“I Have NEVER Seen This Before In My Lifetime” Michael Saylor 2024 Bitcoin Prediction

“BlackRock is About to Unleash An Avalanche On Bitcoin” – Michael Saylor 2024 Bitcoin Prediction

Michael Saylor Just Made An INSANE Bitcoin Price Prediction (2024)

If 10 billionaires choose to buy5 billion dollar or a billion or two billion dollars worth of bitcoin each all of your models are irrelevant all of your history is irrelevant it’s like everything you like you think you know how things are going to work out and

Like how about all the statistics of New York City for the past decade how relevant are they to predict what happens in New York City this month right not relevant at all so Traders I can’t predict the future trading is not a way to make money by the way I’m

Opinion the people that make all the money are people that predict the future Henry Ford right John D Rockefeller right Andrew melon what did they do they invented aluminum they invented oil they brought us cars you know they brought us electricity Andrew Carnegie brought us steel Mark Zuckerberg not studying some

Statistical model how did he get rich he kept Facebook stock he didn’t sell it Jeff Bezos he kept his stock so at the end of the day none of this static matters none of the trading matters none of the volatility matters Michael sailor believes that Bitcoin is going to

Increase by a factor of 100 than a factor of 1,000 in doing so sailor believes that over time one Bitcoin is going to be equal to $10 million this is why sailor believes the biggest mistake someone can make with Bitcoin is trading in and out of it he argues there is only

One sound strategy Buy and Hold as much as you can make sure to stick around to the end of the video where saor breakes down how hundreds of private companies have reached out to him on how to convert their balance sheet into Bitcoin and also why once you understand Bitcoin

You never sell also guys only a small percentage of my viewers are actually subscribed if you enjoy Finance content consider subscribing or liking the video it’s free and you can always change your mind now here’s Michael sailor on the future of Bitcoin these you know people that are living in their little world

Studying their Fibonacci retracements and and preaching with like incredible conviction about the the upcoming expected 60% retracement or 80% retracement they’re overlooking this fundamental issue which is if Bitcoin is a digital monetary Network and if enough people with money and power decide to adopt it it’s going to go up and

Increase by a factor of a hundred or a thousand and there’s nothing you can do to stop it and its past is completely irrelevant to its future and so like I I think that too many people in this industry been around too long and they’re captured by their past and they

Everybody wants to draw on their past because they own it well again speculators and Traders manage to manage to speculate about volatility and focus upon it but investors and industrialists are more focused up upon building something for the long term and the fundamental critical issue to understand is Bitcoin is the most technically

Superior asset in the world right now and it’s running on the the dominant digital monitoring Network and that digital monitoring network is growing and is spreading and there’s no reason to think it’s not going to continue to spread was there a bare Market in the internet like at what point did it make

Sense for the company to worry about a bare Market in the internet like if you were giving a interview to Jeff Bezos in the year 2000 you said are you worried about the bare Market the internet and his answer would be I’m building a great online retailer and we believe in the

Future so I believe in the future of Bitcoin I believe the future of a digital monetary Network and I think it’s just as important to humanity as electricity and running water and the automobile and steel and Communications and the internet and it’s going to grow over time and maybe there’ll be good

Days and bad days but you know we don’t do things based upon whether or not we’ll be up or down by the hour by the day or by the week we do things because of the right thing to do so if you believe that the world will benefit from a thermodynamically sound monetary

Network then you’re going to invest in Bitcoin you’re going to build Bitcoin into your balance sheet you’re going to build it into your p&l you’re going to evangelize it educate the world and you’re going to look forward to the journey and if you don’t then you won’t

I I I think it’s a mistake by the way for all the for any crypto Traders or speculators to fixate upon speculating and trading this thing it’s going to be like trading Apple stock in the year 2010 it’s like you might like buy it for

A15 and sell it for $12 7 and brag to your friends or or short it at a $142 and cover your short at a13 but ultimately you’re going to look silly if 10 years later it’s trading at $120 a share and someone’s going to say so you were doing what you were making

Nickels when you could have actually made 100x or 1,000x that much money by actually investing in it you know you think the people that make M time and energy yeah I mean people shorting and trading and speculate in the short-term direction of General Electric or general Motors or you know or Standard Oil

They’re not the ones that you remember you’re reading about the people that actually you know Henry Flagler Andrew melon you know the industrialist you know Andrew Carnegie you’re reading about the people that actually invested in the future believed in the future fought through the difficult time

Periods and held out for the long run so you could call it hodling but I don’t how about just commitment and conviction over the long term right and not being caught up in the near term I mean that’s the strategy and I can’t imagine that anybody no employee wants to work for a

CEO without conviction no customer wants to buy from a company that’s not committed right no venders or counter parties or nobody wants to do business with anybody that that changes their opinions and blows With the Wind day by day or week by week so I think there are

Some people that can make money speculating this way and that and trading against bare markets it’s that’s not the business of a technology company a technology company needs to identify bu new technologies and find a way to invest in new paradigm shifting Technologies and if you do it well

You’ll grow and the world will be a better place and if you guess wrong then you suffer the consequences and that’s the free market what I can tell you is I think a lot of companies will do this in the coming 12 months and you’ll start to see more announcements because it’s an

Idea whose Time Has Come I’ve seen a lot of interest and there’s a lot of private company CEOs reach out to me and they they’ve already done it they’re just not making announcements but this is actually at least 100 oh wow at least 100 that I know and and what size typically like

Small private companies or sometimes billion plus companies I mean billion multi-billion 500 million 100 million so there’s a lot of companies in that sweet spot you know generally they everybody talks to everybody right and and so are they us companies generally or well I’m more familiar with the US ones because I

Just have more connections here but and what types of Industries I don’t think it’s limited just to the US I think that in Europe and the Far East and in the Middle East I think we’re actually seeing people come in and what types of Industries do they tend to be in

Everybody’s got money it’s just money right like it’s like the amazing thing about Bitcoin is it’s just pure monetary energy so everybody on Earth that has any wealth to speak of or any assets to speak of has the same problem at the same time and this is the solution to

Everybody’s problem it doesn’t really matter what business you’re in nobody’s got a monopoly on that I think that uh is traveling a little bit more in the US right now because just because of the social networks Etc but but it’s not limited to that that I can see I’ve had

Conversations with people in the Far East Kong Singapore London Europe by Abu Dhabi South America everywhere in the US so there’s a Non-Stop continual set of inquiries and I’ve seen a lot of them have acted I think that um we’ll see more public companies they’re the the higher hurdle because because they have

More due diligence more compliance more issues to work with or work through than private companies have so I think it’s a critical for Humanity and it’s a critical engineering breakthrough and if you understood that when you understand that you’re not selling right you’re not going to sell the only way if you have

Electricity in your hometown and someone says let’s turn it all off you’re going to say whoa before we turn it off we better have nuclear fusion in the form of a sugar cube that we can give to everybody so they can light their house because otherwise a lot of people are

Going to die so I think when you’ve got something better then we talk about it but until we’ve got something better the best thing we can all do is find a way to spread this monetary Network to the four corners of the earth so there’s Michael sailor and his bold predictions

For Bitcoin his vision of Bitcoin reaching a staggering $10 million per coin is a testament to his belief in its long-term value and the significant role it could play in the future of Finance s’s emphasis on the Buy and Hold strategy coupled with insights on how private companies are increasingly

Interested in converting their balance sheets into Bitcoin provides much food for thought for both seasoned investors and newcomers in the crypto space if you haven’t already consider subscribing to our Channel if you’re interested in finance and cryptocurrency content subscribing is a great way to stay informed and connected remember it’s

Free and you have the flexibility to change your mind at any time anyway guys hope today’s video provided you with some value I’ll see you all in the next one and as is always all the best

23 Comments

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